Skip to main content

Snow Storms Impacting Toronto Real Estate Sales?

John in Toronto Real Estate News

Lorne Gutner from the National Post reports that the record snow fall we've been experiencing has had an impact on Toronto's real estate market:

There have been so many snow and ice storms in Ontario and Quebec in the past two months that the real estate market has felt the pinch as home buyers have stayed home rather than venturing out looking for new houses.

This rings true.  I know many buyers who decided not to see houses even on mild days because there was nowhere to park their cars on our snow-jammed streets.

John Pasalis is a sales associate at Prudential Properties Plus in Toronto and a founder of Realosophy. Email John

Subscribe to the Move Smartly blog by email

Published: February 26, 2008
John Pasalis
John Pasalis - John Pasalis is the founder and President of Move Smartly, a Toronto real estate brokerage that helps buyers, sellers and investors navigate the Greater Toronto Area housing market. A frequent commentator on Toronto real estate, John has contributed to the Globe and Mail, BNN Bloomberg and the Wall Street Journal, and his work has been cited by the Bank of Canada, the IMF and CMHC.

Get the Stories Behind The Sold Signs—Delivered Right to Your Inbox.